Thursday, March 12, 2015

Daily Summary 12 Mar 15

European bourses were firm last night. Dow -28 closing at 17635.  Trend of Dow is down.  Dow's future is now +70.  Europe opened flat.

Asian bourses were mostly up.  Nikkei +268, ShanghaiC +58, Hangseng +80.  STI closed -9 at 3369.  Volume was 1.4b shares.  Gainers were 199 to 253 losers.

Trend of STI is down.

Top volumes were Armarda +0.1, SIIC +0.6, IHC unchanged, MoyaAsia +0.3, Noble +1, IPC +0.5, Yoma +5, DarcoWater -0.2, GoldenAgri unchanged, Genting unchanged.

STI opened down, crept up to +2 for a moment and slipped back to negative for the rest of the day. It closed off its low of -21, closing at -9.  Blue chips were slightly more gainers than losers.  Penny and speculatives were weaker.

European bourses are marginally down at the moment while Dow's future is now +70.

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